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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
It's a specialized sub for hardcore Bitcoin enthusiasts who are avoiding to own/use fiat money. In our everyday life we are using the real money - Bitcoin. For a more general sub about Bitcoin, see /Bitcoin/ and /BitcoinBeginners/
Theoretical question : What is the absolute fastest way to convert $100 to bitcoin starting from scratch?
Ok, just as a thought experiment here, lets say I was kidnapped by The Jigsaw Killer. I am given $100 cash and have to convert it to bitcoin in under an hour to survive. Could I do it?
The cash is provided as a US one hundred dollar bill.
I am released in a random US metropolitan city with a bank and a convince store selling prepaid debt cards both within a five minute walk.
I have my I.D. but do not have my own personal bank card or credit cards. I also do not have access to my own private keys for any bitcoin I may already own.
I am given an Android phone and Iphone both fully charged and have great signal. I am also given a windows laptop and a Linux Live CD. I have a 100 Mbit/s internet connection. But as before, I do not have the passwords or user names for any bitcoin related accounts I may already have.
I only need broadcast the transaction. It does not need to actually confirm before the one hour time limit is up.
Would I be able to convert the $100 into bitcoin in under the required hour? If not, what would be the fastest it could be done?
OKEx is giving away $100 in Bitcoin Cash (BCH). Here's how to claim your free Bitcoin Cash!
OKEx is giving away $1 to each person that completes this simple task. Act fast, as this is limited to the first 100 people who sign up, for a total of $100 in BCH that is being given away! All you have to do to claim your free BCH is to sign up for an OKEx account using this link. Note: You must use that link or you will not receive your free BCH. After using the link to sign up, leave a comment in this thread saying that you signed up and post a comment with one of the following:
If you signed up with email, comment with the first 3 characters of your email address only (do not post your full email)
If you signed up with phone, comment with the last 4 digits of your phone number only (do not post your full phone number)
Examples: "Hi, I finished signing up. The last 4 digits of my phone number is 6789." or "Hi, I finished signing up. The first 3 characters of my email are Jas." If you feel uncomfortable commenting publicly with your details above, leave a public message that you will private message us and then, private message us directly here on Reddit to verify your sign up. Make sure to leave the public comment too so we can tip you the $1 in BCH. That's it! Once you do that, we will use chaintip to post a comment and tip you $1 in BCH for every user that signs up. While you're here, make sure to click the JOIN button in the sidebar to subscribe to /OKEx and get daily updates from us. If you have any questions, post them in the thread below. Good luck! UPDATE: The giveaway has been completed and has ended. Thank you all that participated and received their free Bitcoin Cash! Subscribe to /OKEx and check back soon for updates. We will be doing more giveaways soon.
Bitcoin has gone from 100% dominance to 56.67%, where it is today. The truth is: no matter what "dominance chart" one uses, Bitcoin dominance started at 100% and has been trending down on a lifetime time span. On a macro scale, Bitcoin dominance is reaching lower and lower highs.
100% Scammers on the sell tabs of paxful to trade bitcoin
So, someone or somebody explain this to me. How the heck can you sell your bitcoin, when 99.9% of the traders to sell bitcoin to are people from 3rd world countries and won't EVEN FOLLOW BY PAXFUL'S RULES? This makes no sense! How come I see offers for 70-80% rates when trying to sell your bitcoin to these guys. These', margins seem really lucrative too even for me. They all seem aggressive and rude too, feel like I'm gonna get scammed at any second. Especially the Nigerians. Makes, the "Sell" tab seem obsolete. Unless, I'm missing something here or doing something ass-hat-backwards. Can someone answer this for me?
[ Bitcoin ] Found an old thread from r/investing about bitcoin from 6 years ago. Fascinating to read about what people were thinking back then. Price was in the low 100's at the time but still managed to attract over 500 comments.
Topic originally posted in Bitcoin by saffron1990 [link]
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Selling 100 Bitcoin you get 1074240 US Dollar at 06. October 2020 09:24 AM (GMT). Reverse Calculation Currency Converter by Date - Historical Exchange Rate Graph of change in 100 Bitcoin to US Dollar. Changes in the value of 100 Bitcoin in US Dollar. For the week (7 days) Date Day 100 BTC to USD Changes Changes % September 30, 2020 ... "Oh, that's easy." You'd think so but then, we're both here. You probably realize this could just as easily be a guide for investing $1000 in Bitcoin, or even a million dollars. That being said, $100 is a good entry point for crypto investors, esp... Bitcoin to the Moon. To estimate the price of Bitcoin well into the future we need to take a look at growth models for the cryptocurrency. The two most well-known are Parabolic Trav’s Parabolic super trend price growth model, and Plan B’s Stock to Flow price model (S2F).. We’ll also have to take into account that if hyperbitcoinization does occur, and Bitcoin becomes global money used by ... Bitcoin then dropped to $10,371 – Binance rate – after the world was notified of President Trump’s diagnosis. Bitcoin Rests on the 100-Day Moving Average. As far as reactions go, Bitcoin has managed both news events rather well having dropped a total of approximately $600 to its recent low of $10,371. The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.
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